SMACC

Categories: Business & Sales, Automation / Agents, Data Analysis | Pricing: From $199/month | Official Website ↗

SMACC automates invoice processing, digitalization, approval workflows, and payment runs using AI for businesses.

SMACC is an intelligent and powerful platform designed to streamline invoice processing. It leverages machine learning and AI to automate the capture of 30 invoice data fields and article information, even from unprecedented invoice formats, eliminating the need for complex templates. The system also provides AI-driven accounting suggestions for financial accounts and custom attributes after processing a certain volume of documents. Beyond data extraction, SMACC offers features like rule-based accounting automation, customizable approval workflows, smart payment runs to secure discounts and prevent double payments, and comprehensive supplier management. It includes a modern document management system (DMS) for organizing financial documents and enabling intelligent searches, alongside robust user and rights management.

Key Features

AI-powered invoice data extraction (30+ fields)
Automated accounting suggestions (Kontierung)
Customizable invoice approval workflows
Smart payment runs with discount management
Supplier master data management
Modern document management system (DMS)
Multi-client capability
User and rights management

Pros

Automated data extraction saves significant time
No complex templates needed for invoice processing
AI provides accounting suggestions for financial accounts
Supports multiple companies within one account
Quick setup with no training required
Integrates with existing systems (Slack, Microsoft Teams)

Cons

Starting price is relatively high for small businesses
Limited number of documents and users in lower tiers
Email support only mentioned for all tiers
Specific integrations beyond Slack/Teams not detailed
No explicit mention of a free trial

Use Cases

Automating incoming invoice processing
Streamlining approval workflows for financial documents
Managing supplier information and payments
Ensuring compliance with audit-proof documentation
Digitalizing financial records and processes

Best For

Small to medium-sized businesses
Companies with high invoice volumes
Businesses seeking to automate accounts payable
Organizations needing transparent audit trails

Integrations: Slack, Microsoft Teams, Cross Commerce ERP

Platforms: Web

Watch demo on YouTube ↗

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